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Ideal

Ideal

This transactional method provides everything an online gambler needs to make
fast, convenient and secure deposits using their own existing accounts. Unlike
e-wallet solutions, gamblers no longer have to register or fund new e-money
accounts. That is because Ideal is not a third party payment provider. Ideal is
merely a platform that directs users from online vendors or casinos directly to
their existing internet banking, Moneybookers or PayPal sites.

To use this mechanism, users simply need to visit the casino’s cashier and
select Ideal from the payment solution menu. They then type in the amount they
wish to deposit and choose which bank or e-wallet account they would like to
deduct from. Ideal, using a URL, directs the user from the cashier to the
relevant internet banking site or e-wallet account domain for the authorizat5ion
of the transaction. Here, users are required to enter their user name and PIN
number as they normally would to access their accounts. Ideal automatically sets
up the casino vendor as a beneficiary and launches a payment instruction. The
user enters their TAN number to conclude the deposit payment and is then
redirected to the casino cashier where their gaming credits are updated.

I rather like this transactional tool. Not only does it combat the security
issues prevalent with many other payment methods, particularly credit card
transactions, but it affords users the opportunity to utilize their own accounts
without the associated risks. There is no longer the need to provide online
vendors with personal and financial information in order to participate at their
sites. Also, using Ideal is completely free. Credit card, debit card, e-wallet
and money transfer deposits all incur fees that in some cases, can be quite
substantial, and I certainly don’t want to be charged every time I enjoy a
little online gambling.

Ideal users can make deposits in Dollars, Pounds and Euros, and currently,
this solution is only available to users banking with Dutch affiliated banks. To
enjoy this transactional tool without a Dutch bank account, you will be required
to register a Moneybookers or PayPal account. This might make the start-up
process a bit more tedious, but once up and running, online deposits are a
breeze.


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